NOT LISTED FOR SALE

22 Eastern Ave Gloucester, MA 01930

Central Gloucester Neighborhood

Estimated Value: $506,000 - $572,000

3 Beds
2 Baths
1,426 Sq Ft
$386/Sq Ft Est. Value

Last Sold June 02, 2014

Last sale price $245,000 $172 Per Sq Ft

Est. 125% increase in value since last sale

Current estimated payment $3,239/month

164 Days on Market

About This Home

As of June 2014

NEW HEATING SYSTEM! Two-family home located on a corner lot, convenient to Rt. 128 and downtown. First floor 1BR apartment is rented for $675/month with heat included. Owner's unit is located on the 2nd and 3rd floors and features 2+ bedrooms. Needs updating. Enclosed rear yard and small garage/shed. Roll up your sleeves and build equity fast!

Last Agent to Sell the Property

Mark Vadala

Vadala Real Estate Listed on: 11/20/2013

Last Buyer's Agent

Mark Vadala

Vadala Real Estate Listed on: 11/20/2013

Property Details

Home Type

Multi-Family

Year Built

1900

Lot Details

0

Listing Details

  • Lot Description: Corner
  • Other Agent: 1.00
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1900

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 8
  • Amenities: Public Transportation, Highway Access, Public School
  • Electric: Circuit Breakers
  • Flooring: Wood, Vinyl, Wall to Wall Carpet
  • Basement: Partial, Bulkhead

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Construction: Frame
  • Exterior: Wood
  • Exterior Features: Deck - Wood, Covered Patio/Deck, Gutters, Screens
  • Foundation: Granite

Garage/Parking

  • Parking Spaces: 0

Utilities

  • Heat Zones: 2
  • Hot Water: Oil
  • Utility Connections: for Gas Range

Lot Info

  • Assessor Parcel Number: M:0051 B:0082 L:0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 20, 2013
Closed on
Jun 2, 2014
Sold by
Louis Brown 3Rd Ret
Bought by
Carroll Matthew C
Seller's Agent
Mark Vadala
Vadala Real Estate
Buyer's Agent
Mark Vadala
Vadala Real Estate
List Price
$279,900
Sold Price
$245,000
Premium/Discount to List
-$34,900
-12.47%
Current Estimated Value
$550,202

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$305,202
Avg. Annual Appreciation
7.24%
Original Mortgage
$196,000
Outstanding Balance
$149,418
Interest Rate
4.26%
Mortgage Type
New Conventional
Estimated Equity
$400,784

Purchase Details

Closed on
Feb 4, 2013
Sold by
Brown 3Rd Louis
Bought by
Louis Brown 3Rd Ret
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Carroll Matthew C $245,000 --
Louis Brown 3Rd Ret -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carroll Matthew C $196,000
Previous Owner Louis Brown 3Rd Ret $10,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/02/2014 06/02/14 Sold $245,000 -12.5% $172 / Sq Ft
05/03/2014 05/03/14 Pending -- -- --
11/20/2013 11/20/13 For Sale $279,900 -- $196 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,267 $439,000 $143,100 $295,900
2024 $4,161 $427,600 $136,300 $291,300
2023 $4,282 $404,300 $121,700 $282,600
2022 $4,025 $343,100 $105,800 $237,300
2021 $3,985 $320,300 $96,200 $224,100
2020 $3,791 $307,500 $96,200 $211,300
2019 $3,560 $280,500 $96,200 $184,300
2018 $3,351 $259,200 $96,200 $163,000
2017 $3,142 $238,200 $86,600 $151,600
2016 $3,073 $225,800 $86,600 $139,200
2015 $2,860 $209,500 $86,600 $122,900
Source: Public Records

Agents Affiliated with this Home

  • Mark Vadala

    Seller's Agent in 2014

    Mark Vadala

    Vadala Real Estate

    (978) 490-0939

    24 in this area

    54 Total Sales

    Mark Vadala
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71610734

MLS Property Information Network (MLS PIN)

APN: GLOU-000051-000082

Massachusetts Essex County Gloucester 01930 Central Gloucester

22 Eastern Ave, Gloucester, MA

Not Listed for Sale

MultiFamily

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